Recent content by raj_verma61

Description The operation of transportation determines the efficiency of moving products. The progress in techniques and management principles improves the moving load, delivery speed, service quality, operation costs, the usage of facilities and energy saving. Transportation takes a crucial...

Description Companies in all sectors are examining ways to reduce costs, shorten product development times and manage risk. The transactions between companies in supply chains are characterised by adding value up through the chain and incurring costs (and consequent payments) down the chain...

Description Risk management is the identification, assessment, and prioritization of risks (defined in ISO 31000 as the effect of uncertainty on objectives) followed by coordinated and economical application of resources to minimize, monitor, and control the probability and/or impact of...

Description A capital good is a durable good (one that does not quickly wear out) that is used in the production of goods or services. Capital goods are one of the three types of producer inputs, the other two being land and labor, which are also known collectively as primary factors of...

Description Alongside the time benefits delivered by supply chain management, we will look at some of the emerging models that illustrate the strategic importance of the supply chain, such as bionomics and the red ocean/blue ocean theory. Measuring the Value of the Supply Chain ENRICO...

Description The food retail in India is largely unorganized and the size of organized retail is merely 5%. At the same time, organised food retail has seen a significant growth in the past few years with large scale investments made by Indian corporate houses. Food Retail is not effective...

Description Retail is the process of selling consumer goods and/or services to customers through multiple channels of distribution to earn a profit. Demand is created through diverse target markets and promotional tactics, satisfying consumers' wants and needs through a lean supply chain. In the...

Description Some companies will go to great lengths to get the most out of their machine controls, even if they are antiquated, difficult to program and high on maintenance. But there comes a time when cost efficiencies mandate that new controls be put in place. Upgrading and optimizing the...

Description India has often been called a nation of shopkeepers. Presumably the reason for this is; that, a large number of retail enterprises exist in India. In 2004, there were 12 million such units of which 98% are small family businesses, utilizing only household labour. Even among retail...

Description Petroleum refining is a material flow intensive industry where supply chain cost amounts to 40% of total refining and distribution cost. Uninterrupted flow of inputs and outputs including byproducts and wastes with minimum facilities are crucial to cost effective and efficient...

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